Management Accounting
Helping Irish businesses make smarter decisions with timely financial insights
What Is Management Accounting?
Management accounting focuses on analysing and interpreting financial data to help business owners make informed decisions.
Unlike statutory accounting, which reports historical performance, management accounting looks forward, helping you understand trends, forecast outcomes, and plan for growth.
At Richard OShea Consultancy, we provide management accounting in Ireland to give you a clear view of your company’s performance. Our goal is to help you manage cash flow, control costs, and identify opportunities for improvement.
What’s Included in Our Service?
When you work with Richard OShea Consultancy, we tailor our service to your needs. This may include:
- Monthly or quarterly management accounts
- Budgeting and financial forecasting
- Variance and performance analysis
- Cash flow statements and planning
- Key performance indicators (KPI) dashboards
- Strategic business advice based on financial results
We use this information to help you stay on top of your financial performance and plan ahead with confidence.
Who Needs It?
Our management accounting services are designed for:
Business owners who want regular financial reports to guide decisions
Companies looking to improve budgeting, forecasting, and cash flow
Start-ups and SMEs preparing for growth or investment
Directors who need greater financial visibility beyond annual accounts
If you’re making day-to-day or strategic decisions, management accounting helps you base those choices on accurate, up-to-date information.
Why It Matters
Regular management accounting keeps your business proactive rather than reactive.
It helps you:
Monitor profitability and control costs
Improve decision-making with real-time data
Identify financial risks before they escalate
Strengthen cash flow and growth planning
Having this visibility ensures you’re not just recording numbers, you’re using them to shape your business strategy.
Frequently Asked Questions
How often should I prepare management accounts?
Most businesses benefit from monthly or quarterly reports, depending on their size and cash flow cycle.
Is management accounting required by law?
No, but it’s an essential tool for business planning and investor confidence.
Can you integrate this with my existing accounting system?
Yes, we can work with most popular accounting software, including Xero, QuickBooks, and Sage.
What’s the difference between management and financial accounting?
Management accounting is for internal use, helping you make decisions based on live business data.
Next Step
Take control of your business performance today.
Let’s discuss how our management accounting services can give you the clarity and confidence to make smarter decisions.
